Owner Builder Insurance
When it comes to Owner Builder Insurance you once again need to do your homework as it can vary from state to state.
We learnt many, many things about Owner Builder Insurance during our Q&A with Mark Adams at Allrisk Insurance and the thing that struck us most is this –
If you asked a Registered Builder about insurance, they'd say it's crazy to not have it. You have to remember that as an Owner Builder you're taking on the responsibilities of a builder and that includes the risks.
For more on this topic, you can't go past the Q&A with Mark. It covers just about everything you need to know about Owner Builder Insurance.
Click here for the Q&A.
And if you're interested in a quote from Allrisk, it's as simple as completing the super short form below (takes one minute!).
Accept that you're carrying out the duties of a Registered Builder. And like we said, no sane builder would build without Insurance and neither should you.
EVEN BIGGER TIP
Understand whether your tradespeople should have their own insurances. Ask for their certificates and make sure they’re current! Again, check out our Q&A as Mark goes in-depth on this one (it's important you learn about it).